Wednesday, March 12, 2014

Eastern Europe Is Begging for Help

The Eastern European countries are begging for help from the USA.
European officials who want to reduce their dependency on Russian gas also have seized on the situation to mount a major lobbying campaign in Washington for new legislation to ease regulations on American LNG exports. Some of these countries, including Bulgaria, Sweden and the Baltic states, rely on Russia for 100 percent of their gas supplies, and Moscow has shown repeatedly it is willing to crimp supplies for leverage in political disputes.
We have the ability to help Eastern Europe be less dependent on Russia. This is what the USA is good at. We could out produce them, sell Eastern Europe all the fuel they could pay for. It would increase our exports, help our allies, and diminish Russia's influence. Will we do so?

Given the track record of our current President, it seems unlikely we will make this move.

No comments:

Post a Comment